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Search Results 0 to 17 of about 18 (some duplicates have been removed)
a series of tax cuts expire and spending cuts kick in. john boehner said he outlined a framework that is consistent with the president's call for a balanced approach of both higher revenue and spending cuts. >> our challenge is to make sure that you know we are able to cooperate together, work together, find some common ground, make some tough compromises, build some consensus to do the people's business. >> while we are going to continue to have revenue on the table it is incumbent for my colleagues to show the american people we are serious about cutting spending and solving our fiscal dilemma, i believe we can do this and avert the fiscal cliff that is right in front of us today. >> the president began the meeting on a chordal note, wishing speaker boehner, shaking his hand, a happy birthday. >>> an oil rig exploded in the gulf of mexico 25 southeast of grand isle, louisiana. two crew members are missing and four injured. the fire that followed the explosion has been extinguished. the rigbylongs to black elk energy, an independent oil and gas company headquartered in houston.
's time to get the job done. >> speaker boehner told republican members they would have to avoid fights. according to the "new york times" they seemed to listen but it doesn't change the basic disagreement that could push the country off the fiscal cliff the 1st of january. that is when tax cuts expire the average family will pay an extra $3700 a year. and severe cuts in defense spending will be triggered. sticking point, taxes. the president won on letting tax cuts for the rich expire. leading republican said, no. if it sounds like the argument we already heard, you are right. democrats appear emboldened. >> if the republicans will not agree with that, we will reach a point at the end of this year where all the tax cuts expire and we'll start over next year. >> the two sides have four more days to lay out their markers. on friday they come to the white house to start negotiations. >> ama: weather, it's been nice out but just chilly. >> i think the clouds that are sitting off the coast will help to warm us up. let's take a live look from vollmer peak cam looking down to the bay bridge.
'll still be wealthy. >> reporter: while john boehner agreed ballparks ises in, he said -- bipartisan cooperation is necessary, he said the president's plan is wrong >> we are not going to hurt our economy. >>> that cia sex scandal highlights the insecurities of e-mail. but there are more ways than ever to hide sensitive documents and erase your footsteps. len ramirez shows us how. >> this tape will self-destruct in 5 seconds. >> reporter: there has always been a need to protect sensitive information. whether it's a corporation dealing with trade secrets or a senator trying to hide an adulterous affair. our information more vulnerable than ever. >> the biggest concern is the security of the information in the cloud. >> reporter: the cloud based in san jose has been doubling in size the last two years by creating software that encrypts e-mail to make it unreadable to any outsider. >> if you're not going through our gateway, all you'd see is gibberish. >> reporter: it's designed as a business security system. >> consumer data. >> reporter: but there's an emerging market for consumer pr
boehner outlined different positions is there room for a deal. >> i think there may be because john boehner made it clear that while republicans don't want tax rates to rise, they are open to collecting additional revenue. on the other side, president obama reiterated that he wants the wealthiest americans pay more taxes but he did not demand that tax rates rise to collect the money. if we read between the lines it looks like a deal could be cut to limit itemized deductions for the wealthiest americans. that's schedule a and some o of the popular deductions include mortgage interest or charitable contributions, property taxes and state and local taxes, we could see a deal around the itemized deductions. >> i don't want to be the grim reaper, what if they don't get a deal done, we're in trouble. >> 80 to 90% of americans are going to see their taxes increase, maybe by 3500 dollars on average, 2 grand for middle income americans. if you're a low to middle wage earner. here's what you would lose, the valuable earned income tax credit and payroll tax would go up by a couple percent. if
. he and house speaker john boehner were close to a deal last year and people chose his way last week tuesday weigh found out that the majority of people agree with my approach. democrats, independence and some republicans. now we need a majority in congress to listen. >> mitch mcconnell didn't give mr. obama a mandate. they just gave him more time' and speaker boehner still objects to higher tax rates, shepard. >> shepard: republicans here and there are changing their tunes on a lot of things. bill kristol the conservative commentator is one of them, he says raise taxes on the millionaires it won't kill us that shook the g.o.p. establishment. he supports the president's own deficit reduction commission taxes and spending cuts which mr. obama himself turned down. crystal's comments came on "fox news sunday." >> you know what? it won't kill the country if we raise taxes a little bit on millionaires. it really won't. i don't understand why republicans don't take obama's offers to freeze taxes on everybody below 250,000. >> since polls indicate most people favor phasing out he upper inco
obama to avoid the fiscal cliff that would affect all of us. speaker boehner continues to insist raising taxes is out of the question. >>> traffic and weather together, next. >> let's take a live look outside, gonna be chilly, meteorologist mike nicco will have your full forecast and we also check in with sue hall.afi >>> 80 homes damaged, to people killed, the cause still unknown. what is next in indiana, after that mysterious blast >>> beautiful picture wanted to show you the gorgeous colors this morning isn't that tremendous as we look southeast. high clouds not as cold as it was over the weekend, still seeing 30s especially in the east bay and north bay valleys and around los gatos. low to mid 40s san francisco]6Ñ÷ in the afternoon 50s coast low to mid 50s the rest of us best thursday. >>> if you have to come to san francisco, great morning to do it, pretty, chilly, light at the bay bridge toll, no issues, into metering lights no problems upper deck light out of novato through central san rafael past freitas parkway to north san pedro road past civic center moving at limit couple
close to $1 trillion. >> reporter: but house speaker john boehner made it clear, wealthiest americans should not see their taxes go up. >> i have outlined a framework how both parties can work together to avert the fiscal cliff without raising tax rates. >> reporter: for the first time, the president weighed in on the scandal that led to general petraeus' resignation as cia director. >> i have no evidence at this point, from what i've seen, that classified information was disclosed that, in any way, would have had a negative impact on our national security. >> reporter: the president also blasted top republicans for their criticism of u.n. ambassador susan rice over the administration's initial reason for the attack on the u.s. consulate in benghazi. he said they should, instead, take aim at him. rob and paula, back to you. >> definitely a heated moment for the president there. preeti arla, live in washington. thanks, preeti. >>> and david petraeus will be on capitol hill tomorrow to testify about the september 11th attacks on the u.s. consulate in benghazi, libya. petraeus was still
and the ongoing relationship with boehner and mcconnell because he's going to have to be a different kind of leader with them. he talked about it in the press conference a bit the other day. he needs to reach out to them the way he's reached out to people on staten island and dealt with the two governors, christie and cuomo, who are two pretty demanding guys as well. and based on their public and private comments have been very happy with the president's leadership and his government. >> i just wonder if it's fair to make a parallel when you look at the president's response to sandy which has had and continues to have just devastating effects on the economy for businesses and the reaction to the bp oil spill which seemed slow in coming because that was devastating as well to a different part of the country. >> he certainly was. he was very slow to respond to people in the gulf coast. >> in terms of appearances. >> i think things have changed, though, over the past couple years. and i suspect that, you know, even the president's closest allies will say that it was a very hard adjustment go
. and despite that, john boehner believes that a solution is possible. take a listen. >> i've outlined a framework for how both parties can work together to avert the fiscal cliff without raising tax rates. if you've look closely at what the president had to say and look closely at what i've had to say, there are no barriers here to sitting down and beginning to work through this process. >> when it comes to those tax hikes, though, the president saying that 98% of americans would not see their taxes go up, that 97% of small businesses would not be impacted at all. he does see some room there to close loopholes for some tax reforms but he doesn't believe that that's enough to make up that trillion dollars, and that the math simply doesn't add up. so what the president wants is a comprehensive plan so that middle-class americans are not hurt. zoraida? >> let's move on to the heated back and forth over u.n. ambassador susan rice. republican senators john mccain and lindsey graham say they would actually try to block rice from being promoted to secretary of state should she be nominated.
. >> time to get the job done. >> speaker boehner told republican members they would have to avoid nasty fights and according to "the new york times" they seemed to listen. the word don't change a basic disagreement that could push the country off the fiscal cliff, the first of january. when a number of tax cuts expire, meaning the average family will pay $3,700 a year. and severe cuts to defense and government spending will be triggered. the sticking point on avoiding the cliff, taxes. the president campaigned on and won, on letting tax cuts for the rich expire. a leading republican said no. >> no republican will vote for higher tax rates. we will generate revenue from eliminating deductions and loopholes. >> reporter: if that sound like the argument we heard. you are right. democrats appear emboldened that rates for the rich rise. are we headed for the cliff? >> if the republicans will not agree with that, we will reach a pin the at the end of this year, where all of the tax cuts expire, and we'll start over next year. >> reporter: friday, congressional leaders come here to the was to
speaker john boehner says republicans want to cooperate but not by raising taxes. >> here we go again. president obama addressed the crisis rather and other challenges he faces in his first post-victory news conference. abc's karen travers is joining us from washington with more. hi, karen. >> reporter: good morning, rob. good morning, paula. white house officials say they were expecting the president to get tough questions and yesterday he got them on a wide range of issues. in his first press conference in eight months, president obama said the american people knew what they were getting when they re-elected him. and his takeaway from last week's results -- >> i've got a mandate to help middle-class families. >> reporter: the fiscal cliff and mandatory spending cuts and tax increases is looming at the end of the year. >> i want a big deal. i want a comprehensive deal. >> reporter: the president reiterated that he's not backing down from the campaign pledge. to raise taxes on the wealthiest americans. >> a modest tax increase on the wealthy is not going to break their backs. they'll
is listening to their suggestions. up to this point house speaker john boehner is saying he will not accept any increases on tax rates. but some top republicans are quietly coming around. it is obvious after the election that republicans do not hold the mandate on taxes. while the g.o.p. still might not agree to a tax rate on those making more than $250,000 a year, if democrats demand a millionaire tax increase, it will be hard for republicans to say no. climate change actvilles are not feeling too optimistic after the president's news conference yesterday. advocates had been hoping the president would push for a carbon tax as a way to help raise revenue during talks on the fiscal cliff. while the president did say he is a official believe err -- firm believer in climate change and will take up the issue in the future. for now it will take a backseat to the economy. this is also an issue both parties avoided during the presidential campaign and even during energy talks, there was no mention of climate change
speaker boehner, majority leader cantor, majority whip mccarthy, democratic leader pelosi, democratic whip hoyer, house foreign affairs committee chairwoman ileana ros-lehtinen, and ranking member, mr. berman of california, as well as mr. levin who has been so very helpful on the ways and means committee for all their support in drafting the bill under consideration by the house this week. it has been a pleasure to work with all these individuals. mr. speaker, as i have said i believe the magnitsky provisions are strong, flexible enough to be well implemented, and allow us to have a cooperative relationship with russia on trade and other issues while holding human rights violators, including those responsible for the brutal treatment and death of sergei magnitsky accountable. as i stated earlier i would not be supporting pntr for the russian federation if this bill did not include the sergei magnitsky rule of law accountability act. mr. speaker, i agree with what has been said about the importance of increased trade in terms of promoting more positive reforms in countries like russia, but
negotiate with speaker boehner, mitch mcconnell, or does he come in, give a set of demands and go hold a press conference? they can, i believe, hammer out -- >> same can the said on the other side, by the way. >> but if the president is willing to do it, the republicans have no choice. i mean, you can't turn down a president who just won re-election if he's sincere and willing to negotiate. >> going to take some bold initiatives which is my segue into your book, okay, because you've written this book about george washington and his bold moves to break the stalemate of the revolutionary war. so much has been written about george washington. what do you want readers to take away from this book that's new? >> well, i think particularly this morning is the launch of an american legacy book tour that calista and i are doing because she has two new children's books out for american history. the first thing is to say to people we have a long history of overcoming adversity. george washington is probably the greatest example of that, and in "victory at yorktown" you see him faced with a strate
Search Results 0 to 17 of about 18 (some duplicates have been removed)

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